The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Located in the state of Kentucky, Hodgenville is a smaller city with a population of 3,221 people. The majority of Hodgenville residents report their race to be White; this is followed by Black and Asian. The median age of all Hodgenville residents is 29, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic. Something to be aware of when living in Hodgenville are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 33 minutes, this comes in much higher than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the town before actually living in Hodgenville, Kentucky. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like crime, commute, health & safety, education and other key data points, finding the best places to live in Hodgenville and in the areas around Hodgenville is a much easier task.
With a livability score of 70/100, Hodgenville is ranked #6,387 in the United States and #131 in Kentucky. If we dig down a little deeper into each category within the livability score, we see that Hodgenville has higher than average rankings for the following: crime (A), cost of living (A+) and housing (A). Hodgenville does not fare well for the following: amenities (F), education (D) and employment (D-). It might be wise to take a closer look at each category to find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Hodgenville, the unemployment rate stands at 0%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Hodgenville excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Hodgenville meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Hodgenville. Everything else becomes a lot less important if it turns out that home prices in Hodgenville are simply unattainable. The median home price for Hodgenville homes is $108,000, which is 14.4% lower than the Kentucky average. If we take a closer look at the affordability of homes in Hodgenville, we’ll see that the home price to income ratio is 3, which is 7.1% higher than the Kentucky average.
Statistic | Hodgenville | Kentucky | National |
Average one way commute | 33min | 23min | 26min |
Workers who drive to work | 72.4% | 82.2% | 76.4% |
Workers who carpool | 20.7% | 9.7% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.2% | 0.6% |
Workers who walk | 0.0% | 2.4% | 2.8% |
Working from home | 6.9% | 3.3% | 4.6% |